Hicap originated in the beautiful coastal city of Yantai in 2000. After continuous intensive operation, it has established six anti-counterfeiting bottle cap manufacturing bases in Hicap Yantai, Hicap Deyang, Hicap Luzhou, Hicap Shaanxi, Hicap Zunyi and Hicap Huaian. With the service tenet of "creating crowns for famous brands", it professionally serves well-known domestic wine, oil, beverage and other enterprises. It has eight famous wines such as Moutai, Luzhou Laojiao, Wuliangye, Yanghe and Jiannanchun, as well as many famous customers in the domestic oil, beverage and condiment industries. It also exports to countries and regions such as America, Australia and Europe, and supports internationally renowned wine companies such as DIAGEO. Hicap adheres to its innate innovative genes and innovates to lead the anti-counterfeiting cap making industry. It has successively obtained more than 100 patents, high-tech enterprises and provincial technology centers, and is responsible for drafting the existing standards of the cap making industry and the national standards of the anti-counterfeiting industry, such as "Combined Anti-counterfeiting Bottle Cap", "Packaging Glass Container Card Bottle Mouth Size", "Aluminum Anti-theft Bottle Cap", "Digital Information Anti-counterfeiting Hot Stamping Foil". 

Since 2015, Hicap has actively embraced mobile Internet, overcome various coding technologies and processes inside and outside the bottle cap, and upgraded the product to smart e-cap; innovatively developed "e-code library", "e-marketing", "e-manufacturing", "e-supply", "e-channel" and other IoT information platforms. It has obtained more than 20 intelligent technology patents, including 5 invention patents, and the company's business has transformed from manufacturing to intelligent technology. Three IoT technology companies, including Sichuan Haite Intelligent Technology Co., Ltd., Yantai Hive Software Technology Co., Ltd., and Yantai Haiyu Intelligent Equipment Co., Ltd., have been established successively. Smart e-caps and intelligent technology solutions have been adopted by more than ten famous wine companies such as Jinshiyuan, Gujinggong, Luzhou Laojiao, Jiannanchun, Jinzhongzi, Jiang Xiaobai, Yanghe, Xifeng, Red Star, and Changyu.

In December 2017, Hicap was officially renamed HicapAiot Technology Co., Ltd., and adjusted its positioning to become an intelligent technology company with the vision of "helping customers connect everything intelligently" and the mission of "leader in intelligent packaging". In November 2020, Hicap was rated as an enterprise that implements the management system of the integration of industrialization and information technology, and became a model enterprise for cross-border transformation and transformation of new and old kinetic energy in China's packaging industry.

In the future, Hicap will keep up with the development trend of the Internet of Things and intelligent manufacturing, and provide wine companies with in-depth services such as wine industry supply chain data integration and management, intelligent manufacturing data integration, and wine industry big data collection and analysis, open up a blue ocean of hundreds of billions of wine companies' industrial 4.0 and smart Internet of Things upgrades, provide big data and precision marketing services to wine industry customers, participate in the construction of a trillion-dollar "wine friend ecosystem" with wine industry consumer groups as the core, and realize Hicap's development in a broader field.